Carlyle Group (CG) FY2022 results: revenue $4.4 billion, down 49.5% on the year
Carlyle Group Inc. (CG) reported revenue of $4.4 billion for fiscal 2022, the year ended 31 December 2022, down 49.5% on the year before. Net income was $1.2 billion, down 58.8%, and diluted earnings per share $3.35. The figures are the company's own, from the 10-K it filed with the SEC on 9 February 2023.
Revenue
$4.4 billion
-49.5% on the year
FY2015FY2022
Operating margin
36.4%
45.8% a year earlier
FY2015FY2022
Net income
$1.2 billion
-58.8% on the year
FY2015FY2022
Diluted EPS
$3.35
-59.1% on the year
FY2015FY2022
this yearthe year beforeHover a bar for its figure.
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2022
FY2021
FY2020
On the year
Last 8 years
Operating cash flow
-379
1,791
-169
Capital expenditure
40.6
41.4
61.2
-1.9%
Free cash flow
-420
1,750
-230
Free cash flow margin
-9.5%
19.9%
-7.9%
Cash from investing
-829
-32.2
-61.2
Cash from financing
115
-242
370
Depreciation and amortisation
147
52.0
52.1
+183.5%
Share-based compensation
154
163
105
-5.6%
Buybacks
186
162
26.4
+14.7%
Dividends paid
444
356
351
+24.7%
Diluted shares, weighted
366m
363m
358m
+0.9%
Shares outstanding at period end
362m
355m
354m
+2.0%
Balance sheet
$ million
FY2022
FY2021
FY2020
On the year
Last 8 years
Shareholders' equity
6,821
5,706
2,930
+19.5%
Debt
2,272
2,072
1,971
+9.7%
Other liabilities
12,310
13,473
10,744
-8.6%
Total liabilities and equity
21,403
21,250
15,645
+0.7%
Fixed assets
140
144
149
-2.8%
Goodwill
104
13.3
16.8
+681.2%
Intangible assets
794
21.6
31.9
+3,575.5%
Cash and equivalents
1,361
2,470
988
-44.9%
Other assets
19,005
18,602
14,459
+2.2%
Total assets
21,403
21,250
15,645
+0.7%
10-K for the year ended 31 December 2022, filed 9 February 2023: the filing.